Ownership of Media Flashcards

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1
Q

main interest of media owners

A

making profits

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2
Q

Rupert Murdoch

A

owns 32% of newspaper sales in the UK

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3
Q

lords of the global village

A

global media companies that dominate the worlds mass media

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4
Q

concentration of ownership

A

few large companies own most of the media

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5
Q

vertical integration

A

the merger of companies at different stages of production in the same industry

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6
Q

horizontal integration

A

merger of companies at same stage of production in different industries

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7
Q

global ownership

A

international media ownership

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8
Q

conglomeration & diversification

A

companies that have a wide variety of products besides the media e,g. Virgin

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9
Q

global conglomeration

A

different media products in many countries

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10
Q

Synergy

A

media companies produce a product in a variety of forms
book, film, CD, DVD, game, merchandise
enables more sales than through one company/product
Harry Potter & Star Wars

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11
Q

technical convergence

A

several technological systems combined into a single device to perform similar tasks in a more advanced manner
telephone

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